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India Sees Six Month High In Diesel Consumption Driven By Festival Season And GST Cut
Indias diesel consumption hits six-month high at 8.55 million tonnes in November, rising 4.7% on festive demand and GST cut.
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Lower GST On ICE Vehicles Could Stall EV Momentum: HSBC Report
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major revenue losses for the government - HSBC.
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Will Petrol, Diesel Come Under GST? Union Minister's Big Statement
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday called to build consensus over bringing petrol, diesel under the Goods and Services Tax.
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How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
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India To Get Rid Of Petrol And Diesel Vehicles? What Nitin Gadkari Said
As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of the over 36 crore petrol and diesel vehicles.
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Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
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Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
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Ready To Discuss Bringing Petrol, Diesel Under GST At Next Meet: Finance Minister
Amid outcry over high taxes on petrol and diesel, Finance Minister Nirmala Sitharaman on Tuesday said she would be "glad" to discuss the suggestion of bringing petrol and diesel under the ambit of the Goods and Services Tax at the next meeting of the GST Council.
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No Proposal To Bring Petrol, Diesel, Jet Fuel, Gas Under GST: Nirmala Sitharaman
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
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Centre, States Must Think About Cutting Taxes On Petrol, Diesel: Minister
Minister of State for Finance Anurag Thakur on Monday said both the centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks.
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No Recommendation By GST Council To Bring Petrol, Diesel Under GST: Ministry
The Union Finance Ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST.
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Congress Seeks Farm Loan Waiver, Petrol And Diesel Under GST In Budget
The Congress on Wednesday asked the government to announce a national farm loan waiver in the upcoming Union Budget and spell out measures to ensure that farmers' income doubles by 2022.
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Nitin Gadkari Says Hybrids Must Get Same Reduced GST Benefit As EVs
Prior to GST, hybrid vehicles were taxed 30.3 percent (12.5 percent excise duty, 12.5 percent value-added tax, 2 percent central sales tax and 1 percent national calamity contingent duty). Under GST, it attracts 28 percent tax and 15 percent cess like big petrol and diesel luxury cars.
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Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcemen...
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Bring Petrol Under GST For The Sake Of Common Man: Rahul Gandhi To PM
Congress president Rahul Gandhi appealed to Prime Minister Narendra Modi on Friday to bring petrol and diesel under the purview of the Goods and Services Tax (GST), saying the people were distressed over their skyrocketing prices.
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India Sees Six Month High In Diesel Consumption Driven By Festival Season And GST Cut
Indias diesel consumption hits six-month high at 8.55 million tonnes in November, rising 4.7% on festive demand and GST cut.
-
Lower GST On ICE Vehicles Could Stall EV Momentum: HSBC Report
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major revenue losses for the government - HSBC.
-
Will Petrol, Diesel Come Under GST? Union Minister's Big Statement
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday called to build consensus over bringing petrol, diesel under the Goods and Services Tax.
-
How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
-
India To Get Rid Of Petrol And Diesel Vehicles? What Nitin Gadkari Said
As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of the over 36 crore petrol and diesel vehicles.
-
Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
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Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
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Ready To Discuss Bringing Petrol, Diesel Under GST At Next Meet: Finance Minister
Amid outcry over high taxes on petrol and diesel, Finance Minister Nirmala Sitharaman on Tuesday said she would be "glad" to discuss the suggestion of bringing petrol and diesel under the ambit of the Goods and Services Tax at the next meeting of the GST Council.
-
No Proposal To Bring Petrol, Diesel, Jet Fuel, Gas Under GST: Nirmala Sitharaman
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
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Centre, States Must Think About Cutting Taxes On Petrol, Diesel: Minister
Minister of State for Finance Anurag Thakur on Monday said both the centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks.
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No Recommendation By GST Council To Bring Petrol, Diesel Under GST: Ministry
The Union Finance Ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST.
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Congress Seeks Farm Loan Waiver, Petrol And Diesel Under GST In Budget
The Congress on Wednesday asked the government to announce a national farm loan waiver in the upcoming Union Budget and spell out measures to ensure that farmers' income doubles by 2022.
-
Nitin Gadkari Says Hybrids Must Get Same Reduced GST Benefit As EVs
Prior to GST, hybrid vehicles were taxed 30.3 percent (12.5 percent excise duty, 12.5 percent value-added tax, 2 percent central sales tax and 1 percent national calamity contingent duty). Under GST, it attracts 28 percent tax and 15 percent cess like big petrol and diesel luxury cars.
-
Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcemen...
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Bring Petrol Under GST For The Sake Of Common Man: Rahul Gandhi To PM
Congress president Rahul Gandhi appealed to Prime Minister Narendra Modi on Friday to bring petrol and diesel under the purview of the Goods and Services Tax (GST), saying the people were distressed over their skyrocketing prices.
